Jefferies Financial Group Issues Pessimistic Forecast for Constellation Brands (NYSE:STZ) Stock Price

Key Points

• Jefferies Financial Group has lowered its price target for Constellation Brands (NYSE:STZ) from $205.00 to $179.00, while still maintaining a "buy" rating on the stock, indicating a potential upside of 18.05%.
• The stock has received mixed ratings from analysts, with one Strong Buy, thirteen Buy, eight Hold, and two Sell ratings, reflecting a consensus rating of "Moderate Buy".
• Constellation Brands missed earnings expectations in its last quarterly report, posting $3.22 EPS, below the consensus estimate of $3.45, and reported a 5.5% year-over-year revenue decline.

Constellation Brands (NYSE:STZ - Get Free Report) had its price target decreased by equities researchers at Jefferies Financial Group from $205.00 to $179.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the stock. Jefferies Financial Group's price objective suggests a potential upside of 18.05% from the company's current price.

A number of other research firms have also weighed in on STZ. CJS Securities cut their price objective on shares of Constellation Brands from $196.00 to $194.00 in a research report on Monday, May 19th. Bank of America downgraded Constellation Brands from a "neutral" rating to an "underperform" rating and set a $150.00 price target for the company. in a report on Tuesday, August 26th. Piper Sandler raised their price target on Constellation Brands from $165.00 to $170.00 and gave the stock a "neutral" rating in a research note on Friday, June 6th. Roth Capital decreased their target price on shares of Constellation Brands from $256.00 to $239.00 and set a "buy" rating on the stock in a research report on Tuesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Constellation Brands from $191.00 to $185.00 and set a "hold" rating for the company in a research report on Thursday, June 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Constellation Brands currently has a consensus rating of "Moderate Buy" and a consensus price target of $209.96.

Constellation Brands Stock Performance

Constellation Brands stock opened at $151.64 on Wednesday. Constellation Brands has a fifty-two week low of $149.36 and a fifty-two week high of $261.06. The company has a market capitalization of $26.73 billion, a price-to-earnings ratio of -63.45, a PEG ratio of 0.44 and a beta of 0.67. The stock has a fifty day moving average of $168.04 and a two-hundred day moving average of $175.70. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.68 and a current ratio of 1.07.

Constellation Brands (NYSE:STZ - Get Free Report) last posted its quarterly earnings data on Tuesday, July 1st. The company reported $3.22 EPS for the quarter, missing analysts' consensus estimates of $3.45 by ($0.23). Constellation Brands had a negative net margin of 4.11% and a positive return on equity of 31.41%. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.57 billion. During the same period in the previous year, the business earned $3.57 EPS. The firm's revenue was down 5.5% on a year-over-year basis. Constellation Brands has set its FY 2026 guidance at 12.600-12.900 EPS. On average, analysts anticipate that Constellation Brands will post 13.5 EPS for the current fiscal year.

Insider Activity at Constellation Brands

In related news, EVP James O. Bourdeau sold 821 shares of the business's stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $169.00, for a total transaction of $138,749.00. Following the transaction, the executive vice president directly owned 9,438 shares of the company's stock, valued at approximately $1,595,022. The trade was a 8.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 12.45% of the company's stock.

Institutional Trading of Constellation Brands

A number of hedge funds have recently made changes to their positions in the company. Gilbert & Cook Inc. increased its stake in Constellation Brands by 2.6% in the 2nd quarter. Gilbert & Cook Inc. now owns 2,385 shares of the company's stock worth $388,000 after purchasing an additional 60 shares in the last quarter. Piscataqua Savings Bank boosted its holdings in shares of Constellation Brands by 1.7% in the first quarter. Piscataqua Savings Bank now owns 3,720 shares of the company's stock worth $683,000 after buying an additional 62 shares during the period. Strategic Financial Concepts LLC increased its position in shares of Constellation Brands by 5.8% in the first quarter. Strategic Financial Concepts LLC now owns 1,128 shares of the company's stock worth $207,000 after acquiring an additional 62 shares in the last quarter. World Investment Advisors raised its holdings in shares of Constellation Brands by 1.7% during the first quarter. World Investment Advisors now owns 3,801 shares of the company's stock valued at $698,000 after acquiring an additional 62 shares during the period. Finally, V Square Quantitative Management LLC lifted its position in shares of Constellation Brands by 3.8% in the 2nd quarter. V Square Quantitative Management LLC now owns 1,682 shares of the company's stock valued at $274,000 after acquiring an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 77.34% of the company's stock.

Constellation Brands Company Profile

Constellation Brands, Inc, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Familiar, Corona Hard Seltzer, Corona Light, Corona Non-Alcoholic, Corona Premier, Corona Refresca, Modelo Especial, Modelo Chelada, Modelo Negra, Modelo Oro, Victoria, Vicky Chamoy, and Pacifico brands.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.